Build a Better Budget for your Art Business
Start by paying $25 as your entry fee. Details can be found in the prospectus
DEADLINE: October 18, 2121
DATES: November 1, 2020 - January 20, 2022
WHO: International; Craft/Traditional Arts, Photography, Drawing, Film/Video/New Media, Mixed-Media/Multi-Discipline, Painting, Sculpture
A budget will allow you to plan for success and control your financial situation.
It is important to understand the amount you earn and what your sources of income are. It is very basic however, it is a must.
The best way to ensure that your expenses aren't more than your income is to add up and then break your earnings into smaller chunks.
Accounting may seem daunting or dull? We've got simple budgeting worksheets that are easy to use for artists that can help you get started.
These worksheets are designed to help you keep the track of your art company earnings and to calculate your expenses. Even if your business isn't an art-related one, you can still make use of the worksheets.
Income coming from non-art sources? Begin by adding the earnings from all your art sales, workshops and other fees.
It was directly related to your art business. This will allow you to see the areas where your time and resources will be most efficient.